Forex Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
Guatemalan Quetzal/US Dollar (FOREX:GTQUSD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GTQUSD
The long term trend has been UP since Jan 9th, 2019 at 0.130620
The intermediate term trend has been UP since Feb 19th, 2019 at 0.130065
The short term trend has been DOWN since Mar 21st, 2019 at 0.130115
Smart Scan Analysis for GTQUSD
Based on a pre-defined weighted trend formula for chart analysis, GTQUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).